Finbond’s bad debt rises to over a quarter of revenue
Finbond also offers credit in 13 states in North America and in Ontario, Canada, where its impairments are much lower than in SA
26 October 2020 - 14:10
Finbond, an SA mutual bank owned by depositors, has seen its bad debt increase from 16.5% of all revenue to 26.7%, in its half-year to end-August.
Finbond also offers credit in 13 states in North America and in the city of Ontario, Canada, where its impairments are much lower than in SA. ..
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